NOT LISTED FOR SALE

16311 1st Place W Unit 21 Bothell, WA 98012

Martha Lake Neighborhood

Estimated Value: $817,000 - $906,338

4 Beds
2.5 Baths
2,054 Sq Ft
$83/mo HOA Fee

Last Sold March 24, 2023

Last sale price $742,270 $361 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,324/month

40 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Garage
  • Property is near public transit
  • Corner Lot
  • South Facing Home

About This Home

As of March 2023

Beautifully tucked between Martha Lake and the Mill Creek Town Center is this freshly refurnished home that comes equipped with a brand new 30 year roof and new carpet. The quick and easy access to both I5 and I405 makes this an excellent choice for the active business professional who prefers a low maintenance single family home. Its location makes reaching any public transit passing through Lynnwood or Mill Creek a breeze. This is absolutely a move-in ready home with both the floors and entire kitchen refinished, and even a show-worthy fresh coat of paint on all of the walls and ceilings. Alderwood Mall and Costco are only minutes away, surrounding this home with tons of mouth watering restaurants and a great diversity of options.

Last Listed By

Jerry Nguyen

Brilliance Realty License #21021003 Listed on: 01/13/2023

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2027653

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,882

Year Built

  • Built in 2006

Lot Details

  • 3,093

HOA Fees

  • $83 Monthly HOA Fees

Property Views

  • City
  • Mountain

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,054 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Uncovered Parking

Additional Features

  • South Facing Home
  • Property is near public transit
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01039600002100

Community Details

Overview

  • Association fees include common area maintenance, road maintenance, snow removal
  • 21 Units
  • Anne Marie Bauer Association
  • Secondary HOA Phone (425) 328-1298
  • Mason Estates Condominiums
  • Martha Lake Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,882

Year Built

Built in 2006

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 2006
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Mason Estates Condominiums
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2054
  • SeniorExemption: false
  • DwellingType: Detached
  • NumberOfAccessStairs: 0
  • Special Features: None
  • Cumulative Days on Market: 798

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet, Water Heater
  • Stories: 2
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: City, Mountain(s)
  • Lot Features: Corner Lot
  • View: Yes
  • Waterfront: No
  • Direction Faces: South
  • Exterior Features: Cement/Concrete, Metal/Vinyl
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit
  • BusRouteNumber: 109

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Individual Garage, Uncovered

Utilities

  • Cooling Y N: Yes
  • Heating Yn: Yes
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 83
  • Association Fee Frequency: Monthly
  • Phone: 425-328-1298
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • AssociationContactName: Anne Marie Bauer

Fee Information

  • Association Fee Includes: Common Area Maintenance, Road Maintenance, Snow Removal

Schools

  • Junior High Dist: Edmonds
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 01039600002100
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public
  • MLSSquareFootageSource: Public

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5882

Multi Family

  • Number Of Units In Community: 21
  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Mar 22, 2023
Sold by
Phuong Thi Kim Tran Trust
Bought by
Selvaraj Sathishkumar and Sathlshkumar Gayathri
Seller's Agent
Jerry Nguyen
Brilliance Realty
Buyer's Agent
Preethi Chandran
Kelly Right RE of Seattle LLC
List Price
$779,000
Sold Price
$742,270
Premium/Discount to List
-$36,730
-4.72%
Total Days on Market
40
Views
55
Current Estimated Value
$854,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,065
Avg. Annual Appreciation
6.76%
Original Mortgage
$704,900
Outstanding Balance
$687,439
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$166,896

Purchase Details

Closed on
Apr 29, 2020
Sold by
Tran Phuong Thi Kim
Bought by
Tran Phuong Thi Kim and Phuong Thi Kim Tran Trust

Purchase Details

Listed on
Sep 18, 2012
Closed on
Apr 26, 2013
Sold by
Hong Duk Pyo and Hong Ok Joo
Bought by
Tran Phuong Thi Kim
Buyer's Agent
Danny Dao
Pacific Star Realty
List Price
$282,000
Sold Price
$282,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.63%
Original Mortgage
$200,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2007
Sold by
Natalie Grace Homes Llc
Bought by
Hong Duk Pyo and Hong Ok Joo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,950
Interest Rate
6.29%
Mortgage Type
Unknown

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Selvaraj Sathishkumar -- Stewart Title
Tran Phuong Thi Kim -- None Available
Tran Phuong Thi Kim $282,000 Stewart
Hong Duk Pyo $405,950 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selvaraj Sathishkumar $704,900
Previous Owner Tran Phuong $382,500
Previous Owner Tran Phuong Thi Kim $200,000
Previous Owner Hong Duk Pyo $405,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $742,270 -4.7% $361 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $779,000 +176.2% $379 / Sq Ft
04/29/2013 04/29/13 Sold $282,000 0.0% $137 / Sq Ft
12/18/2012 12/18/12 Pending -- -- --
09/18/2012 09/18/12 For Sale $282,000 -- $137 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,048 $770,700 $475,900 $294,800
2024 $6,048 $729,600 $445,000 $284,600
2023 $6,641 $839,500 $487,500 $352,000
2022 $5,882 $604,300 $305,500 $298,800
2020 $6,006 $545,900 $293,000 $252,900
2019 $5,266 $475,600 $225,000 $250,600
2018 $5,198 $413,600 $190,000 $223,600
2017 $4,380 $360,300 $150,000 $210,300
2016 $3,959 $326,400 $125,000 $201,400
2015 $3,928 $307,800 $110,000 $197,800
2013 $3,220 $238,700 $95,000 $143,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2027653

Northwest Multiple Listing Service (NWMLS)

APN: 010396-000-021-00